TBD Albevanna Spring Rd, Scottsville, VA 24590

$745,000

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Sold Price
$745,000
List Price
$975,000
Status
CLOSED
MLS#
652732
Closing Date
May 01, 2025
Lot Size
8,145,720
Region
Albemarle

Property Description

Nestled amidst the serene beauty of Scottsville, Virginia, lies an unparalleled opportunity to own an exquisite 187-acre parcel of land, once a cherished part of the illustrious 600-acre Jefferson Mill Farm. Managed with precision and care in consultation with the VA Department of Forestry, the timber on this land is a testament to its stewardship and longevity, offering substantial current and future timber value and excellent investment potential. The last planting of loblolly pine occurred in 2016, and the land is poised for selective thinning within the next 5 years. With no land preservation easements in place and currently in a forestry land use designation, the possibilities for this property are endless. Unspoiled by exploitation, this land represents an excellent investment opportunity. A number of potential uses are suggested, including hunting/recreation, timber/investment, development (with division rights), or as a quiet and beautiful sanctuary on which to build your dream home. The property fronts on the Hardware River, with great building sites above the river and State Route 622, a state-maintained hard surface road, providing accessibility and natural beauty that converge seamlessly on this remarkable property!

Additional Information

Water
Spring
Sewer
None
Elementary School
Scottsville
Middle School
Walton
High School
Monticello

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Listing courtesy of FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY. Selling Office: FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY.